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20121008
20121008
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KPIX (CBS) 1
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CBS
Oct 7, 2012 6:00pm PDT
. >> i just don't see it going down any time soon. >> reporter: state energy officials are trying to reassure drivers that price spikes like this don't last. >> this is a very dramatic one. but we do know that what goes up does come down and often quite quickly. >> reporter: in fact, wholesale prices have started coming down. dropping 55 cents on the spot market in los angeles on friday. but gas station owners who pay thousands more in the past week to fill up their tanks are likely to keep retail prices high at least until they get their money back. so price relief for drivers here is still probably days away. john blackstone, cbs news, mill valley, california. >> jeff: california governor jerry brown today ordered a rule change to allow the early sale of winter blend gasoline. typically that gas goes on sale after october 31st. >> 30 days left now in campaign 2012. and while mitt romney is looking for votes in the battleground state of florida tonight, president obama is once again looking for campaign cash in california. nancy cordes is in los angeles, nancy? >> jeff, these two ca
CBS
Oct 8, 2012 6:30pm EDT
more polluting, but it's more plentiful says energy analyst dave hackett. >> it will raise gasoline production upwards of 10%. so it's liked aing another refinery. >> reporter: he says the fever at the pump has been broken and prices will fall soon. >> it will be lower tomorrow than it is today. wait it out because it's coming down. >> reporter: scott, history shows prices rarely fall as fast as they go up. they should be back where they were before the spike in about a month. >> pelley: warm and sunny there, bill, but a lot of the country is getting a preview of winter. early morning temperatures plunged into the 40s, 30s, even the 20s in some places. 181 cold-weather records have fallen since friday. this morning in dallas/fort worth the mercury dipped to 39. in abilene, texas, 34, and in oklahoma city 31. down right freezing. an experimental drug shows promise in the fight against alzehimer's disease. that's next. but after awhile even my girlfriend noticed a difference. [ male announcer ] rogaine is proven to help stop hair loss. and for 85% of guys, it regrew hair. save up to 4
Search Results 0 to 1 of about 2